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The report "Combined Heat & Power Market by Capacity (>10 MW, 10-150 MW, 151-300 MW, >300 MW), Prime Mover (Gas & Steam Turbine, Reciprocating Engine, Fuel Cell), End-User (District Energy, Residential, On-Site Industrial & Commercial) - Global Forecast to 2023", The global CHP market is estimated to reach USD 20.69 Billion in 2018 and is projected to reach USD 27.01 Billion by 2023, at a CAGR of 5.48%, during the forecast period. The market is set to grow due to the increasing demand for energy efficiency and government incentives and programs to promote CHP.
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Combined Heat & Power Market by Capacity, Prime Mover, End-User - Global Forecast to 2023 www.MarketsandMarkets.com
The Above 300 MW segment is expected to hold the largest share of the CHP market, by capacity, during the forecast period. The Above 300 MW segment consists of large coal, nuclear, or natural gas fired power plants, with gas turbines and steam turbines as the prime movers. The segment caters mainly to the utilities, district heating & cooling end-users. The segment is expected to be driven by the rising adoption of natural gas fired power generation in the Asia Pacific region, particularly in China and South Korea. The phasing out of coal-based power generation has given rise to large-scale natural gas-fired cogeneration plants. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=26572447
The utilities, district heating & cooling segment is expected to dominate the CHP market, by end-user, in 2018. The utilities, district heating & cooling segment refers to the supply of thermal energy generated at a central facility for applications such as space heating or water heating, steam provision throughout a city or district, and industrial complex or for cooling through trigeneration to provide chilled water. Utilities can use CHP systems to monetize heat generated as a by-product of electricity generation, combined with the savings from high operational efficiency of these systems to up to as much as 80% as compared with just 30% for non-CHP setup. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=26572447
Browse >> 77market data tables 35figures 138 pagesand in-depth TOC on “Combined Heat & Power Market by Capacity, Prime Mover, End-User - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific: Expected to be the leading market for CHP during the forecast period. The CHP market has been analyzed with respect to 6 regions, namely, North America, Europe, Asia Pacific, South America, the Middle East, and Africa. The market in Asia Pacific is expected to lead the CHP market, by region. The increase in natural gas in the energy mix and need for energy efficiency in countries such as China, South Korea, and India is driving the market for CHP in the region. Rise in distributed power generation and emerging technologies such as fuel cell based micro-CHP has opened new opportunities for growth in the region. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=26572447
Target Audience: • The target audience of this report includes: • Consulting companies in the energy sector • EPC contractors for CHP • Reciprocating engine manufactures • Gas and steam turbine manufactures • Fuel cell and microturbine manufactures • Environmental associations • Government and research organizations • Distributed energy associations • Investment banks • Power companies. • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=26572447
Key players – • The key Players profiled in this report are: • GE (US), • Siemens (Germany), • Veolia (France), • 2G Energy (Germany), • FuelCellEnergy (US), • Wartsila(Finland), • Caterpillar Energy Solutions (Germany), • MAN Diesel & Turbo (Germany), • AB Holding (Italy), • Clarke Energy (UK), • MHPS (Japan). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=26572447
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